Huge bullish move on AUDJPY
AUDJPY has moved higher by 9.55% from 82.22 to 90.213 in the last 38 days.
Either a rebound or a breakout imminent on EURCHF
EURCHF is heading towards the support line of a Falling Wedge. If this movement continues, the price of EURCHF could test 1.0231 within the next 12 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Where is USDCNH moving to?
A movement of 0.22% over 2 days on USDCNH doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
Possible breach of support level by AUDJPY
AUDJPY is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If AUDJPY continues in its current trajectory, we could see it […]
Where is GBPJPY moving to?
A movement of 5.71% over 16 days on GBPJPY doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
GBPUSD is on its way up
GBPUSD has experienced an exceptionally large movement higher by 0.91% from 1.312 to 1.326 in the last 15 hours.
EURGBP experienced an exceptionally large movement
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 0.81% move on EURGBP. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this possible trend.
AUDJPY – getting close to resistance of a Rising Wedge
AUDJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 11 days and may test it again within the next 2 days.
Should we expect a breakout or a rebound on USDJPY?
The movement of USDJPY towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 19 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
EURCHF – getting close to psychological price line
EURCHF is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 19 days and may test it again within the next […]